Stock Analysis on Net
Stock Analysis on Net

ONEOK Inc. (NYSE:OKE)

This company has been moved to the archive! The financial data has not been updated since August 8, 2023.

Common-Size Income Statement 

ONEOK Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Commodity sales 93.70 91.78 84.93 87.72 90.49
Services 6.30 8.22 15.07 12.28 9.51
Revenues 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of sales and fuel -80.00 -74.10 -59.82 -66.78 -74.82
Net margin 20.00% 25.90% 40.18% 33.22% 25.18%
Operations and maintenance -4.28 -5.44 -8.91 -8.50 -6.38
Depreciation and amortization -2.80 -3.76 -6.77 -4.69 -3.40
Impairment charges 0.00 0.00 -7.11 0.00 0.00
General taxes -0.86 -1.01 -1.46 -1.17 -0.83
Other operating income (expense), net 0.47 0.01 0.02 -0.03 0.00
Operating income 12.54% 15.70% 15.94% 18.83% 14.58%
Equity in net earnings from investments 0.66 0.74 1.68 1.52 1.26
Impairment of equity investments 0.00 0.00 -0.44 0.00 0.00
Allowance for equity funds used during construction 0.01 0.01 0.28 0.64 0.06
Other income (expense), net -0.14 -0.02 0.29 0.09 -0.11
Interest expense, net of capitalized interest -3.02 -4.43 -8.35 -4.84 -3.73
Income before income taxes 10.05% 12.00% 9.39% 16.24% 12.05%
Income taxes -2.36 -2.93 -2.22 -3.66 -2.88
Net income 7.69% 9.07% 7.17% 12.58% 9.17%
Net income attributable to noncontrolling interests 0.00 0.00 0.00 0.00 -0.03
Net income attributable to ONEOK 7.69% 9.07% 7.17% 12.58% 9.15%
Preferred stock dividends 0.00 -0.01 -0.01 -0.01 -0.01
Net income available to common shareholders 7.69% 9.06% 7.16% 12.57% 9.14%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. ONEOK Inc. operating income as a percentage of revenues decreased from 2020 to 2021 and from 2021 to 2022.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. ONEOK Inc. income before income taxes as a percentage of revenues increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.
Net income attributable to ONEOK The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. ONEOK Inc. net income attributable to ONEOK as a percentage of revenues increased from 2020 to 2021 but then slightly decreased from 2021 to 2022 not reaching 2020 level.